Cofoni joins CACI
Paul Cofoni, who resigned in late July from his job as president of Computer Sciences Corp.’s federal sector business, is joining CACI International. The announcement today confirms rumors that had been circulating since Cofoni resigned from CSC July 29.
At CACI, Cofoni will serve as president of the federal division, reporting to J.P. London, chairman and chief executive officer.
Cofoni, reached on a golf course in Connecticut, said he was looking forward to expanding CACI's federal business.
“It’s a good challenge,” he said.
Cofoni and London had been in talks for several months, Cofoni said. London would like to see CACI grow into a $3 billion company in two to three years, and Cofoni will play a role that. The company is projecting about $1.6 billion in revenues for fiscal 2005, which ended June 30.
“We’re all focused on that” growth, he said. “It’s what I like to do.”
Cofoni, 56, said he "still has a little runway left in me" to take on a new challenge.
Late Monday morning, CACI shares had fallen slightly to $63.94.